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Scenario: Your old roommate is looking for a job in the IT industry and asks you to submit their resume to your company's HR department. As you look over the resume, you see that your roommate has greatly exaggerated his or her accomplishments at their former place of work and even added some IT-related certifications you know for a fact they've never earned. What do you do?
We see the U.S. tends to import more goods than they export. Regardless of the imbalance of trade the U.S is still an economically competitive country. Do you think trade is just a small component of what makes a country economically successful?
Illustrate what cost should each industry charge if it wants to maximize its profit. Why are costs and output of industries 1 and 2 same however different for industry 3.
Suppose that a telecommunications company controls a large share of the national market. The government believes that the economies of scale in this industry are not significant, and therefore, multiple smaller firms would be able to provide lower pr..
If it causes output to increase by more than 10 percent, production function is said to exhibit increasing returns to scale. Why might a production function exhibit decreasing or increasing returns to scale.
Suppose that government wishes to affect the level of aggregate demand in the economy. All of the following, except one, are consistent policy measures. Which is the exception?
Suppose that the company that owns all of the vending machines on your campus has doubled the price of a can of soda, but they still sell almost the same number of sodas per day because:
Holloman Hops has a budgeted $300,000 per year to pay for labor over the next 5 years. If the company expects the cost of labor to increase by $10,000 each year, and the interest rate is 10%, what is the expected cost of the labor in the first year?
You decide to open a retirement account at your local bank that pays 7%/year/month (7% per year compounded monthly). For the next 20 years, you will deposit $500 per month into the account, with all deposits and withdrawals occurring at month’s end.
Consider the following financial statement information for the Zamboni Icers Corporation:
For this discussion, think about where you work or a business you have a significant amount of knowledge about. What is a common product that the business sells? What are the main costs the business has to incur in order to be able to sell that produ..
When do companies or should use the Sensitivity analysis scenario? Are there any examples of when this scenario is used?
If income and consumption in the U.S. economy are growing faster than the economies of the nations that are its major trading partners, then U.S. imports are most likely:
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